15369 Sandy Beach Terrace
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by Compass Florida LLC | $1,089,000 | |
| Listed by Compass Florida LLC | |||
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Welcome home to this Verona floor plan with modern white/grey finishes on a lakefront property in Dakota, Delray Beach. This home looks and feels brand new! Highlights include: electric fireplace, 24x24 porcelain tile flooring in main living areas coupled with wood-look luxury flooring, LED hi hats, Bosch dishwasher, 2-car garage with epoxy flooring, custom front landscaping with stones, landscape lighting and more! The large backyard has plenty of room to add a pool. Dakota is a GL Homes community with fabulous amenities including a clubhouse, resort pool, tennis and pickleball courts, fitness center and is zoned for Boca Raton A-rated schools.
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| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | Price Decreased |
$1,099,000
↓ $51K
(4.4%) | |
| Price Decreased | |||
| Jun 30, 2023 | Listed by Compass Florida, LLC | $1,150,000 | |
| Listed by Compass Florida, LLC | |||
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Gorgeous, 4BD/3BA home with sweeping lake views in Dakota. All modern finishes. High-gloss Porcelain on the first floor. Wood style vinyl on the second floor. All impact windows and LED lights. Open concept kitchen is bedecked with premium GE appliances. Oversized backyard and patio overlooking the lake are perfect for late night gatherings or early morning coffee. The manager has listed the unit size as 2305 square feet.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017